Americans for Financial Reform joined with Funny or Die to release this video about the need for financial reform and the Consumer Financial Protection Agency. It has been getting a lot of media attention. For a list of top news sources who have specifically mentioned
For Immediate Release February 28, 2010 Banking committee Chairman Dodd has prepared an outline setting out a revised proposal for a consumer protection agency. “We appreciate Chairman Dodd’s extensive efforts to secure bipartisan support for this critical part of the financial reform bill, but effective
In a recent speech to the Credit Union National Organization, Assistant Secretary Michael S. Barr talked about the Treasury Department’s support for a Consumer Financial Protection Agency. Click here to see the full speech, or click here for a summary of the major points.
From AFR Coalition Member The Center for Responsible Lending A key federal regulator for years has let national banks engage in lending practices that the regulator itself admits harm consumers and lenders, according to two new reports from the Center for Responsible Lending. For the
Senate and Administration Cannot Let Big Bank Lobbyists Win By Stripping Out Or Watering Down CFPA Americans for Financial Reform, a coalition of more than 200 national, state and local consumer, labor, investor, civil rights, community, small business and senior citizen organizations, released the following statement
“The big money is back on Wall Street” – New York Times, 2/23/10 Advocates Take to the Web to Weigh in to Restrain Banks from Rewarding Risky Behavior Washington, DC – In light of Chairman Barney Frank’s hearing today on the outrageous compensation packages that
“That [Committee for Truth in Politics] ad is confusing a lot of folks, because it’s not true.” – Sen. Jon Tester [Billings Gazette, 2/10/10] Washington, D.C. – Americans for Financial Reform and Americans United for Change unveiled a new television ad today supporting Sen. Jon
James Crotty, Gerald Epstein, and Iren Levina have co-authored an article regarding financial reform, the “Volcker Rule,” and the real cost of propriety trading. Here is the introduction to the article: President Obama’s endorsement of the “Volcker Rule” — a set of proposals designed to
The following letter was delivered to Senator Dodd on February 23, 2010 by Public Citizen, a partner of Americans for Financial Reform. AFR’s coalition helped direct consumers toward this pro-reform petition which was signed by 45,874 Americans. For more information about the petition, see the
For immediate release February 24, 2010 AFR Calls on Senate to Maintain Strong Corporate Governance Reforms Says Board Failures a Key Factor in Financial Meltdown; Questions Credibility of U.S. Chamber of Commerce-led Opposition WASHINGTON, D.C. – With the U.S. Senate poised to move forward on